Notes to the annual financial statements

Pick n Pay Holdings Limited
 
     
 
      GROUP
      2011  
Rm  		     2010  
Rm  
8.   Treasury shares            
  Treasury shares comprise Pick n Pay Holdings Limited shares held by a subsidiary company and the share trust            
  At 1 March     62.8       54.4  
  Shares repurchased     30.2       13.5  
  Take-up of share options by employees     (15.3)      (5.1) 
  At 28 February     77.7       62.8  
             
      Number of  
shares  
000’s  		     Number of  
shares  
000’s  
  The movement in the number of treasury shares is as follows:            
  At 1 March     11 861.9       12 126.7  
  Shares purchased during the year     1 620.9       852.4  
  Shares sold during the year, pursuant to the take-up of share options     (2 562.0)      (1 117.2) 
  At 28 February     10 920.8       11 861.9  
  Comprises:            
  Shares held by share trust     9 103.8       10 077.6  
  Shares held by a subsidiary company     1 817.0       1 784.3  
  Average purchase price of shares purchased during the year     R18.63       R15.84  
  Average purchase price of shares held at year-end     R7.11       R5.29  
 
 

 

  
 
Integrated Annual Report 2011|www.picknpay.co.za